Germany Plans More Support for $11 Billion Namibia Hydrogen Plan
- Hyphen plant may be designated a strategic ‘foreign project’
- Green hydrogen industry could transform Namibia’s economy
Germany, the Netherlands and Belgium have been courting the largely desert nation of Namibia for its potential to produce green hydrogen.
Source: Hyphen Hydrogen EnergyThis article is for subscribers only.
Germany aims to designate an ambitious green hydrogen project in Namibia as strategically significant, paving the way for additional financial support and bringing a plan that could transform the economy of the African nation closer to reality.
Enertrag SE, which holds a stake in the €10 billion ($10.8 billion) Hyphen project on the south coast of Namibia, said on Wednesday the German government had presented it with a letter spelling out its intentions.